Credit Crunch Effect on your business?

Discussion in 'General Business' started by walker2007, Oct 29, 2008.

  1. #1
    Hello all,

    I just wondered if any of you, especially people in the eCommerce sector have noticed a big drop in sales since the credit crunch took over?

    I see we are down 20% this month alone compared to the same time last year. It very warring with our 2 biggest months just approaching.

    How has everyone else been fairing?
     
    walker2007, Oct 29, 2008 IP
  2. Dollar

    Dollar Active Member

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    #2
    Yes I feel like the advertiser networks are holding out on sending payment.
     
    Dollar, Oct 29, 2008 IP
  3. walker2007

    walker2007 Well-Known Member

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    #3
    If your going to been an idiot please do it elsewhere!
     
    walker2007, Oct 29, 2008 IP
  4. anika

    anika Active Member

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    #4
    My sales dropped 40% in the past 2 months and I think it'll get worse. I hope that the election will bring some new hope into the market and increase consumer's confidence. Right now, everyone is holding onto their cash and every business is bad, online and offline.
     
    anika, Oct 29, 2008 IP
  5. Synchronium

    Synchronium Active Member

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    #5
    I sell drugs. Everyone wants drugs!
     
    Synchronium, Oct 29, 2008 IP
  6. mentos

    mentos Prominent Member

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    #6
    No i don't suffer the problem you face.
    Instead,my sales increase around 10% during this period.
    My site is selling ebook that advise how to tackle the financial turmoil issue
     
    mentos, Oct 30, 2008 IP
  7. wallarookiller

    wallarookiller Active Member

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    #7
    One of my sites yes another is up so really its all about the niche. Much like the stock market theres always money to be made you just have to diversify.
     
    wallarookiller, Nov 4, 2008 IP
  8. Jordank14

    Jordank14 Active Member

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    #8
    I think everyone is suffering to a certain degree.
     
    Jordank14, Nov 4, 2008 IP
  9. Dollar

    Dollar Active Member

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    #9
    How am I being idiot? Advertiser's use Credit cards too and adnetwork I'm sure just aswell are feeling the problems of the credit crunch there probably having trouble getting the credit cashed to pay publishers, My checks for last 2 months have been constantly late.
     
    Dollar, Nov 4, 2008 IP